Precious metals primary forms
Active Indefinite Delivery Contract Awarded Last action
- Contract number
- SP451024D0004
- Awardee
-
Sabin Metal Corp UEI KGLYRZQLPRE4 Part of Sabin Metal Corporation
- Awarding agency
-
Disposition Services
Defense Logistics Agency, Department of Defense
- Task orders
- 3 $4,067,528 obligated
Award facts
- Opportunity
-
- Precious Metals (PM) Recovery for DLA Disposition Services Solicitation · SP451024R1001 · Posted Oct 20, 2023
- Combined order value
- $4,067,528 Current and potential, with all options
- Last date to order 30% complete
- IDV ceiling 41% used
- $9,979,335.00
- Maximum order
- $500,000.00
- Award type
- Single award
- Who can order
- Only the awarding agency
- NAICS code
- 331529 Other Nonferrous Metal Foundries (except Die-Casting)
- PSC
- 9680 Nonferrous Scrap
- Set-aside
- No set-aside
- Competition
- Competed under SAP · 5 offers Simplified Acquisition
- Pricing
- Firm Fixed Price
Award details come from SAM.gov/FPDS.
About this IDV
The Defense Logistics Agency Disposition Services awarded an indefinite-delivery contract to Sabin Metal Corp on February 7, 2024, with a ceiling of $9,979,335 and an ultimate completion date of February 6, 2033. This is a single-award contract with no set-aside designation.
Work is performed at Sabin Metal Corp's facilities in Springfield and Battle Creek, Michigan. The contractor receives, stores, processes, and recovers precious metals—including gold, silver, platinum, and palladium—from government-furnished scrap materials and military equipment, then furnishes recycled precious metals products back to the government. The government estimates processing over 29,000 pounds of scrap annually containing precious metals valued at a minimum of $2,500 per order, with individual delivery orders capped at $700,000 on a firm fixed-price basis.
The originating solicitation, SP451024R1001, posted October 20, 2023, with proposals due December 12, 2023, sought a contractor qualified to manage the full precious metals recovery operation from receipt through deposit of recovered metals into government accounts. Evaluation was on a lowest price technically acceptable basis. NAICS code is 331529.
The contract carries a base year plus four option years. Recent delivery orders issued under this IDIQ include a $1,406,372 order from DLA Disposition Services issued February 6, 2026, with completion by February 2027; a $1,330,578 order issued February 7, 2025; and a $1,330,578 order issued January 30, 2024. All orders are priced on a firm fixed-price basis. Sabin Metal Corp performs all work in-house and does not utilize subcontractors.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| PM | Disposition Services (DLA) | $1,406,372 | |
| Precious metals primary forms | Disposition Services (DLA) | $1,330,578 | |
| Precious metals primary forms | Disposition Services (DLA) | $1,330,578 |
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract SP451024D0004?
SP451024D0004 was awarded to Sabin Metal Corp by Disposition Services (Defense Logistics Agency) on February 7, 2024.
How much is contract SP451024D0004 worth?
Orders under SP451024D0004 have obligated $4,067,528. SP451024D0004's own ceiling is $9,979,335. A single order can be worth up to $500,000.
How many orders have been placed under contract SP451024D0004?
3 orders have been placed under SP451024D0004, the latest on February 6, 2026.
Who can order from contract SP451024D0004?
SP451024D0004 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract SP451024D0004 competed?
The extent of competition for SP451024D0004 was competed under sap. The government received 5 offers.
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